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Data / Bank failures / 1985 / Guaranty S&LA

Guaranty S&LA, Harrison, AR: failed December 6, 1985

Guaranty S&LA in Harrison, Arkansas, failed on December 6, 1985. Superior Federal Bank, FSB of Fort Smith, AR, took over its deposits. It held $451.4 million in assets and $316.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $64.1 million (14.2% of its assets). By assets it was the 16th largest of 180 banks closed or assisted in 1985.

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The FDIC's record

Closed
December 6, 1985
Type
Failure
Acquirer
Superior Federal Bank, FSB, Fort Smith, AR
Total assets
$451,432,000
Total deposits
$316,527,000
Estimated cost to the FDIC
$64,078,780 (estimate as of July 31, 2026)
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
31321

The FDIC record

Other bank failures in Arkansas, 1983 to 1987

BankCityClosedAssetsDepositsEstimated costAcquirer
Firstsouth FS&LAPine BluffDecember 5, 1986$1.68 billion$1.50 billion$1.70 billionHome FS&LA
Bank of LockesburgLockesburgMay 31, 1985$25.5 million$23.5 million$7.4 millionBank of Lockesburg
Jackson County National BankTuckermanAugust 9, 1984$13.3 million$12.9 million$5.3 millionFirst State Bank of Newp
The Corning BankCorningJune 15, 1984$32 million$30.6 million$13.8 millionCorning Bank
Prairie County BankHazenMarch 24, 1983$13.3 million$12.1 million

All bank failures in 1985 · All bank failures in Arkansas · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.